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Eosusdlong

EOSUSD buy setup comingI would like to draw your attention to EOSUSD. It is one of the tokens that have managed to double its capital despite the overall market has stalled and has lost part of the capital. EOS has managed to break into top 10 by market cap. It is currently slightly below 10 billion USD. Also, we can see that the volume has increased. On the chart, there are 3 support areas that really stand out. These are: 6.50 - 7.00 USD 8.25 - 8.50 USD 12.00 - 12.50 USD The closest support level obviously is 12.00 - 12.50 area. Technically the precise level is 12.50, but having that round number in proximity will probably pull the price towards it once it comes down. Once we see that the price is holding steady above this level, then we can have a look at a more specific and precise entry point and method. First target level will be 20.00 USD and the second will be 25.00 USD. If for some reason the price is settling below this 12.00 - 12.50 are then the next level to hold will most likely be 6.50 - 7.00 as it is stronger than 8.25 - 8.50. Please, always do your own research, and trade responsibly.
BITFINEX:EOSUSDLong
by ArmandsTrencis
4
EOS/USD Daily Chart ReviewHow's it going fellow traders! I haven't posted in a while, I thought I come back and do some analysis for more clarity! The cryptocurrency I chose today is EOS. It can be seen on the Dailys that the crypto is doing bull flags, distinct ones at that. It might be slightly late to the party but I think there is still a pretty good R:R ratio (about 1:2) to get into. The target price we are looking to go for is 3.20 with the stop at 2.00. Let's ride the Cryptowave guys!
BITFINEX:EOSUSDLong
by QuanYi
EOS - Support & Resistance / MACD.EOS seems to look quite bullish accordingly to the graph, we have recently seen this coin have a large run up over the recent month where the coin is now consolidating. You should follow the support and resistance lines on the graph to make the most accurate trading decision, if we fall below the supply line (support) it is likely that that trend will continue, conversely if we break through the resistance prices will shoot even higher. The MACD lines look to be crossing soon, keep an eye out for this as it counts as a key indicator of an upcoming increase. Orange - Resistance. Purple - Support. Trade the lines accordingly.
BITFINEX:EOSUSDLong
by thomasfar6